Food Corporation of India (FCI) Current Affairs, GK & News

NITI Aayog submits first list of 12 PSUs for Privatisation

The government’s think tank, NITI Aayog has submitted the first list comprising of 12 Public Sector Undertakings that will be privatized under the centre’s privatisation drive. Highlights The list submitted by the NITI Aayog includes the PSUs in strategic sectors. This list will now be reviewed by Department of Investment and Public Asset Management (DIPAM) ..

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PM-KISAN Scheme: Rs 18,517 crores released

On May 14, 2020, the Agriculture Ministry released Rs 18,517 crores under PM-KISAN scheme. This will help benefit 9.25 crores of families. Highlights The Government of India has so far released Rs 18,517 crores under PM-KISAN scheme since the lock down. The funds were released as a part of Pradhan Mantri Garib Kalyan Ann Yojana. ..

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Massive Exercise to supply pulses and food grains to 80 crore people

On May 8, 2020, Union Minister for Food and Public Distribution Shri Ram Vilas Paswan announced that NAFED (National Agricultural Cooperative Marketing Federation of India Limited) is to provide free pulses for three months to more than 19.5 crore households for three months. Highlights On one side, the GoI is undergoing the procurement process on ..

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CMIE: Unemployment rate climbs to 27.1%

On May 5, 2020, the Centre for Monitoring of Indian Economy released unemployment data. According to the data, 121.5 million are without works. Highlights The data says that 91,3 million daily wage labourers were out of their jobs due to COVID-19 crisis. Also, 18.2 million entrepreneurs are without work as there are lack of labourers. ..

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National Biofuel Coordination Committee: Surplus Rice to be used to make Sanitizers

On April 20, 2020, the Minister of Petroleum Shri Dharmendra Pradhan held National Biofuel Coordination Committee (NBCC) meeting. Under the meeting, it was decided that surplus rice that is available with Food Corporation of India is to be used in manufacturing ethanol that is used in hand sanitizers. Highlights Under the NBCC, it was decided ..

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